Oil Market

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U.S. Grants Third Short-Term Waiver for Russian Oil as India Vows to Keep Buying

The narrow carveout aims to let cargoes already at sea land without derailing Washington's effort to curb Moscow's oil revenue.

UAE Leaves OPEC to Pursue Independent Oil Strategy

CENTCOM Confirms A-10s Hunting IRGC Fast Boats in Strait of Hormuz

U.S.-Run Venezuelan Oil Sales Near $2 Billion as Caracas Freezes 19 Contracts

Transneft Cuts 250,000 Bpd Intake After Reported Ukrainian Strike on Tatarstan Oil Hub

OPEC Projects Q2 Drop in Demand for OPEC+ Crude as January Output Falls

U.S. Energy Chief Says Venezuela Could Lift Oil Output by 30%

U.S. Seizes Seventh Tanker Linked to Venezuela as Southcom Captures Sagitta

OPEC+ Core Starts Online Meeting to Set February Output Plan

White House NEC Chief Says U.S. Is Not in a Hiring Recession as Inflation Cools

Energy Department Awards Contracts to Buy 1 Million Barrels for Strategic Petroleum Reserve

Ukrainian Drone Strike Shuts Largest Unit at Russia’s Kirishi Refinery

Australia Cuts Russian Oil Price Cap to $47.60, Sanctions 95 ‘Shadow Fleet’ Vessels

Trans Mountain Says No New West Coast Pipeline Needed Before 2030

Canada’s Oil Sands Output to Reach Record 3.5 Million Bpd in 2025

India Assures Energy Security as Brent Crude Hits Five-Month High

Trump Administration Lets Chevron Keep Venezuelan Assets After License Expires

IEA Revises Global Oil Demand and Supply Forecasts for 2025

IMF Slashes 2025 MENA Growth Forecast to 2.6% as Risks Intensify

Chevron Launches Ballymore Oil Production in Gulf of Mexico